Flex. Overview

  • Year Founded
  • 1969

Year Founded

  • Status
  • Public

  • Employees
  • 172,000

Employees

  • Stock Symbol
  • FLEX

Stock Symbol

  • Investments
  • 78

  • Share Price
  • $29.16
  • (As of Thursday Closing)

Flex. General Information

Description

Flex Ltd is a contract manufacturing company providing comprehensive electronics design, manufacturing, and product management services to global electronics and technology companies. The company's operating segments include Flex Agility Solutions (FAS), Flex Reliability Solutions (FRS), and Nextracker. Flex Agility Solutions segment includes markets such as Communications, Enterprise and Cloud; Lifestyle; and Consumer Devices. Flex Reliability Solutions segment includes markets such as Automotive, Health Solutions, and Industrial. The Nextracker segment provides solar tracker technologies that optimize and increase energy production. The company's geographical segments include China, Mexico, the United States, Brazil, Malaysia, Hungary, and Others.

Contact Information

Website
www.flex.com
Formerly Known As
Hughes Software Systems
Ownership Status
Publicly Held
Financing Status
Formerly PE-Backed
Primary Industry
Other Commercial Services
Other Industries
Consulting Services (B2B)
BPO/Outsource Services
Stock Exchange
NAS
Corporate Office
  • 12455 Research Boulevard
  • Austin, TX 78759
  • United States

Flex. Timeline

2021202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

Want detailed data on 3M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

Flex. Stock Performance

(As of Thursday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$29.16 $29.33 $16.83 - $30.93 $12.3B 402M 4.16M $2.47

Flex. Financials Summary

In Thousands,
USD
TTM 31-Mar-2024 FY 2024 31-Mar-2024 FY 2023 31-Mar-2023 FY 2022 31-Mar-2022
EV 13,701,480 13,701,480 12,426,374 11,025,801
Revenue 26,415,000 26,415,000 28,502,000 24,633,000
EBITDA 1,354,000 1,354,000 1,508,000 1,600,000
Net Income 1,006,000 1,006,000 793,000 936,000
Total Assets 18,257,000 18,257,000 21,407,000 19,325,000
Total Debt 3,751,000 3,751,000 4,198,000 4,748,000
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Flex. Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

This information is available in the PitchBook Platform. To explore Flex.‘s full profile, request access.

Request a free trial

Flex. Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Flex Ltd is a contract manufacturing company providing comprehensive electronics design, manufacturing, and product mana
Other Commercial Services
Austin, TX
172,000 As of 2023
000.00
000000 - 000 000.00

000000

velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupid
00000 0000000000 000
Neenah, WI
00000 As of 0000
00000
000000000 00 00000

00 000

m, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo conse
00000 0000000000 000
Surrey, United Kingdom
0000 As of 0000
00000000
Add Comparison

PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Personalize which data points you want to see and create visualizations instantly.

Request a free trial

Flex. Competitors (7)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Plexus Company Corporation Neenah, WI 00000 00000 000000000 00 00000
TT Electronics Corporation Surrey, United Kingdom 0000 00000000
Celestica Corporation Toronto, Canada 00000 00.000 000000000 00 00.000
Jabil Private Debt Financed Saint Petersburg, FL 000000 00.000 000000000 00 00.000
Sanmina Corporation San Jose, CA 00000 00.000 000000000 00.000
You’re viewing 5 of 7 competitors. Get the full list »

Flex. Patents

Flex. Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20230288227-A1 Sensor cluster module Pending 10-Mar-2022 0000000000
US-11616446-B1 Power supply having a resonant topology, method of operating a power supply having a resonant topology and apparatus Active 14-Sep-2021 00000000 0
US-20230078085-A1 Power supply having a resonant topology, method of operating a power supply having a resonant topology and apparatus Active 14-Sep-2021 00000000 0
GB-2614371-A A connector and intelligent lock Pending 30-Aug-2021 000000000 0
GB-202215042-D0 A connector and intelligent lock Pending 30-Aug-2021 H01R13/02
To view Flex.’s complete patent history, request access »

Flex. Executive Team (73)

Name Title Board Seat Contact Info
Revathi Advaithi Chief Executive Officer & Board Member
Mike Dennison President & Chief Marketing Officer
Paul Baldassari Executive Vice President, Worldwide Operations & President, Manufacturing and Services
Michael Hartung President
Paul Lundstrom Chief Financial Officer, Finance
You’re viewing 5 of 73 executive team members. Get the full list »

Flex. Board Members (20)

Name Representing Role Since
0000000 0000000 Self Board Member 000 0000
0000 000000000 00 Self Board Member 000 0000
0000 000000 00 Self Board Member 000 0000
000 0000 000 Flex. Board Member 000 0000
0000 000000 Flex. Board Member 000 0000
You’re viewing 5 of 20 board members. Get the full list »

Flex. Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

Flex. Investments & Acquisitions (78)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Our Next Energy 01-Feb-2023 00000 0000 00000 Electrical Equipment
Our Next Energy 01-Mar-2022 00000 0000 0000 Electrical Equipment
Anord Mardix 01-Dec-2021 0000000000 00000 Electrical Equipment 0000000 0
Our Next Energy 18-Oct-2021 00000 0000 0000 Electrical Equipment
AptarGroup (Libertyville Business Unit) 03-Sep-2019 Merger/Acquisition Distributors/Wholesale
You’re viewing 5 of 78 investments and acquisitions. Get the full list »

Flex. Subsidiaries (9)

Company Name Industry Location Founded
Flex's Lab IX Accelerator/Incubator San Jose, CA 2013
Nextracker Business/Productivity Software Fremont, CA 0000
Sønderborg Værktøjsfabrik Industrial Supplies and Parts Sonderborg, Denmark 0000
Farm Design Other Healthcare Technology Systems Hollis, NH 0000
Frog Design Venture Capital San Francisco, CA 0000
You’re viewing 5 of 9 subsidiaries. Get the full list »

Flex. ESG

Risk Overview

Risk Rating

Updated April, 27, 2024

9.26 | Negl Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

00.0

Management

Management is related to actions taken to manage ESG issues

00.00

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

00 of 16,421

Rank

0.00

Percentile

Technology Hardware

Industry

00 of 678

Rank

0.00

Percentile

Electronics Manufacturing

Subindustry

00 of 32

Rank

00.0

Percentile

To view Flex.’s complete esg history, request access »

Flex. Exits (21)

Company Name Exit Date Exit Type Exit Size Status Buyers
Savari 24-Apr-2018 00000 00000 00 0000 Completed
  • 3 buyers
YTWO 22-Oct-2016 00000 0000000 00000 Completed
  • 2 buyers
Wink (Smart Home App) 03-Nov-2015 000000000000000000 0000 Completed
  • 0000.
Knightscope 02-Dec-2014 00000 00000 00 00.00 Completed
  • 12 buyers
Soneter 09-Sep-2014 Early Stage VC 000 Completed
  • 2 buyers
You’re viewing 5 of 21 exits. Get the full list »

Flex. FAQs

  • When was Flex. founded?

    Flex. was founded in 1969.

  • Who is the CEO of Flex.?

    Revathi Advaithi is the CEO of Flex..

  • Where is Flex. headquartered?

    Flex. is headquartered in Austin, TX.

  • What is the size of Flex.?

    Flex. has 172,000 total employees.

  • What industry is Flex. in?

    Flex.’s primary industry is Other Commercial Services.

  • Is Flex. a private or public company?

    Flex. is a Public company.

  • What is Flex.’s stock symbol?

    The ticker symbol for Flex. is FLEX.

  • What is the current stock price of Flex.?

    As of 16-May-2024 the stock price of Flex. is $29.16.

  • What is the current market cap of Flex.?

    The current market capitalization of Flex. is $12.3B.

  • What is Flex.’s current revenue?

    The trailing twelve month revenue for Flex. is $26.4B.

  • Who are Flex.’s competitors?

    Plexus Company, TT Electronics, Celestica, Jabil, and Sanmina are some of the 7 competitors of Flex..

  • What is Flex.’s annual earnings per share (EPS)?

    Flex.’s EPS for 12 months was $2.47.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read blog »
  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process »